Reader and fellow Fannie fighter P Nach submitted this PDF of a Fannie Mae document which contains-right on page one– the statement that “The mortgages that back a Fannie Mae MBS are held in a trust on behalf of Fannie Mae MBS investors and are not Fannie Mae assets.” P Nach requested that I post this, so here it is (thanks, P Nach!):
2012 02 06 Fannie Mae-Basics-of-MBS
The post “FANNIE MAE, BY ITS OWN ADMISSION, OWNS NOTHING” has also been updated with this PDF.
LIBERTY ROAD MEDIA 
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Do you have the PDF or word doc saved on this? I have the jpeg file but hard to read so small.
Check your email, or view the PDF here: https://libertyroadmedia.files.wordpress.com/2013/10/2012-02-06-fannie-mae-basics-of-mbs.pdf